Savage vs. Anscombe-Aumann: an experimental investigation of ambiguity frameworks
The Savage and the Anscombe-Aumann frameworks are the two most popular approaches used when modeling ambiguity. The former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place bets on the joint outcome of an ambiguous urn and a fair co...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Dokumenttyp: | Book/Monograph Arbeitspapier |
| Sprache: | Englisch |
| Veröffentlicht: |
Heidelberg
Universitätsbibliothek Heidelberg
October 2019
|
| Schriftenreihe: | Discussion paper series / University of Heidelberg, Department of Economics
no. 672 |
| In: |
Discussion paper series (no. 672)
|
| DOI: | 10.11588/heidok.00027276 |
| Schlagworte: | |
| Online-Zugang: | Resolving-System, kostenfrei: https://doi.org/10.11588/heidok.00027276 Verlag, kostenfrei: http://archiv.ub.uni-heidelberg.de/volltextserver/27276/4/Oechssler_2019.pdf Resolving-System, kostenfrei: http://hdl.handle.net/10419/207648 Resolving-System, kostenfrei, Volltext: https://nbn-resolving.org/urn:nbn:de:bsz:16-heidok-272764 |
| Verfasserangaben: | Jörg Oechssler and Alex Roomets |
MARC
| LEADER | 00000cam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | 167974657X | ||
| 003 | DE-627 | ||
| 005 | 20241125215724.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 191024s2019 gw |||||o 00| ||eng c | ||
| 024 | 7 | |a urn:nbn:de:bsz:16-heidok-272764 |2 urn | |
| 024 | 7 | |a 10.11588/heidok.00027276 |2 doi | |
| 024 | 7 | |a 10419/207648 |2 hdl | |
| 035 | |a (DE-627)167974657X | ||
| 035 | |a (DE-599)KXP167974657X | ||
| 035 | |a (OCoLC)1163629595 | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rda | ||
| 041 | |a eng | ||
| 044 | |c XA-DE | ||
| 084 | |a 17 |2 sdnb | ||
| 084 | |a C91 |a C72 |a D74 |2 jelc | ||
| 100 | 1 | |a Oechssler, Joerg |e VerfasserIn |0 (DE-588)118045083 |0 (DE-627)509801927 |0 (DE-576)291684483 |4 aut | |
| 245 | 1 | 0 | |a Savage vs. Anscombe-Aumann |b an experimental investigation of ambiguity frameworks |c Jörg Oechssler and Alex Roomets |
| 264 | 1 | |a Heidelberg |b Universitätsbibliothek Heidelberg |c October 2019 | |
| 300 | |a 1 Online-Ressource (15 Seiten) |b Illustrationen | ||
| 336 | |a Text |b txt |2 rdacontent | ||
| 337 | |a Computermedien |b c |2 rdamedia | ||
| 338 | |a Online-Ressource |b cr |2 rdacarrier | ||
| 490 | 1 | |a Discussion paper series / University of Heidelberg, Department of Economics |v no. 672 | |
| 520 | |a The Savage and the Anscombe-Aumann frameworks are the two most popular approaches used when modeling ambiguity. The former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place bets on the joint outcome of an ambiguous urn and a fair coin. We document that more than a third of our subjects make choices that are incompatible with Anscombe-Aumann for any preferences, while the Savage framework is flexible enough to accountfor subjects' behaviors. | ||
| 650 | 4 | |a Ellsberg paradox |7 (dpeaa)DE-206 | |
| 650 | 4 | |a ambiguity |7 (dpeaa)DE-206 | |
| 650 | 4 | |a experiment |7 (dpeaa)DE-206 | |
| 655 | 4 | |0 (DE-206)34 |a Graue Literatur |5 DE-206 | |
| 700 | 1 | |a Roomets, Alex |e VerfasserIn |0 (DE-588)1049180615 |0 (DE-627)781296420 |0 (DE-576)403126886 |4 aut | |
| 810 | 2 | |a Universität Heidelberg |b Wirtschaftswissenschaftliche Fakultät |t Discussion paper series |v no. 672 |9 672 |w (DE-627)505754274 |w (DE-576)281296995 |w (DE-600)2217357-2 |7 am | |
| 856 | 4 | 0 | |u https://doi.org/10.11588/heidok.00027276 |x Resolving-System |z kostenfrei |
| 856 | 4 | 0 | |u http://archiv.ub.uni-heidelberg.de/volltextserver/27276/4/Oechssler_2019.pdf |x Verlag |z kostenfrei |
| 856 | 4 | 0 | |u http://hdl.handle.net/10419/207648 |x Resolving-System |z kostenfrei |
| 856 | 4 | 0 | |u https://nbn-resolving.org/urn:nbn:de:bsz:16-heidok-272764 |x Resolving-System |z kostenfrei |3 Volltext |
| 951 | |a BO | ||
| 992 | |a 20191105 | ||
| 993 | |a WorkingPaper | ||
| 994 | |a 2019 | ||
| 998 | |g 1049180615 |a Roomets, Alex |m 1049180615:Roomets, Alex |p 2 |y j | ||
| 998 | |g 118045083 |a Oechssler, Joerg |m 118045083:Oechssler, Joerg |d 180000 |d 181000 |e 180000PO118045083 |e 181000PO118045083 |k 0/180000/ |k 1/180000/181000/ |p 1 |x j | ||
| 999 | |a KXP-PPN167974657X |e 353733396X | ||
| BIB | |a Y | ||
| JSO | |a {"type":{"media":"Online-Ressource","bibl":"book"},"physDesc":[{"extent":"1 Online-Ressource (15 Seiten)","noteIll":"Illustrationen"}],"recId":"167974657X","language":["eng"],"relMultPart":[{"note":["Frühere Jahrgänge online nicht mehr verfügbar","Gesehen am 01.12.2020"],"disp":"Discussion paper series / University of Heidelberg, Department of Economics","type":{"bibl":"serial","media":"Online-Ressource"},"language":["ger","eng"],"corporate":[{"role":"aut","display":"Universität Heidelberg","roleDisplay":"VerfasserIn"},{"roleDisplay":"Herausgebendes Organ","display":"Alfred-Weber-Institut für Wirtschaftswissenschaften","role":"isb"}],"recId":"505754274","pubHistory":["Nr. 326.2000-no. 691 (2020)"],"titleAlt":[{"title":"AWI discussion paper series"},{"title":"Discussion papers online"}],"part":{"number_sort":["672"],"number":["no. 672"]},"title":[{"title_sort":"Discussion paper series / University of Heidelberg, Department of Economics","title":"Discussion paper series / University of Heidelberg, Department of Economics"}],"physDesc":[{"extent":"Online-Ressource"}],"dispAlt":"Universität Heidelberg / Wirtschaftswissenschaftliche Fakultät: Discussion paper series","origin":[{"publisherPlace":"Heidelberg","dateIssuedDisp":"2000-2020","dateIssuedKey":"2000","publisher":"[Verlag nicht ermittelbar]"}],"id":{"eki":["505754274"],"zdb":["2217357-2"],"hdl":["10419/127204"]}}],"person":[{"given":"Joerg","family":"Oechssler","role":"aut","display":"Oechssler, Joerg","roleDisplay":"VerfasserIn"},{"display":"Roomets, Alex","roleDisplay":"VerfasserIn","role":"aut","family":"Roomets","given":"Alex"}],"name":{"displayForm":["Jörg Oechssler and Alex Roomets"]},"title":[{"title_sort":"Savage vs. Anscombe-Aumann","subtitle":"an experimental investigation of ambiguity frameworks","title":"Savage vs. Anscombe-Aumann"}],"origin":[{"publisherPlace":"Heidelberg","dateIssuedDisp":"October 2019","publisher":"Universitätsbibliothek Heidelberg","dateIssuedKey":"2019"}],"id":{"doi":["10.11588/heidok.00027276"],"eki":["167974657X"],"hdl":["10419/207648"],"uri":["urn:nbn:de:bsz:16-heidok-272764"]}} | ||
| SRT | |a OECHSSLERJSAVAGEVSAN2019 | ||